The EU widened its sanctions regime against Iran to target individuals and entities involved in Tehran's actions disrupting navigation in the Middle East, particularly in the Strait of Hormuz, the European Council said on Friday.
In its statement, The council said that the updated framework will allow the bloc to introduce restrictive measures, such as travel bans through EU territories and asset freezes, against those linked to Iran's actions “threatening the freedom of navigation” in the region.
Under the new measures, EU citizens and businesses are prohibited from providing funds, financial assets, or economic resources to designated individuals or entities.
